Commodities losing their allure as hedge against volatility

A new study from the Bank for International Settlements disputes the idea that adding commodities to a portfolio can lower the volatility of returns. Considering this has been the bedrock idea underlying the buying and selling of commodities as an asset class over the past 15 years, this is big news.
Taken in combination with trends negative for commodities markets such as the migration of manufacturing back to developed markets and 3D printing, there may be fewer reasons for investors to consider the asset class…………………………………..Full Article: Source